Realty firm Kalpataru will achieve its ₹6,500 crore pre-sales target this fiscal, a 23% rise from the previous year, as housing demand remains strong for established players, a senior company official said.
In an interview with PTI, Mumbai-based Kalpataru CFO Chandrashekhar Joglekar said the company’s sales bookings or pre-sales stood flat at nearly ₹2,600 crore in the first half of this fiscal.
He noted that housing demand remains “intact” despite concerns about a possible slowdown due to global economic uncertainties.
“We have given guidance for pre-sales at ₹6,500 crore. We have already achieved 40% in the first half of this fiscal. We will be achieving 60% in the second half of this fiscal,” Joglekar said. During the first half of this fiscal, the company’s sales bookings stood at ₹2,587 crore against ₹2,577 crore in the year-ago period.
Joglekar said the housing sales are generally high in the second half because of festive demand and expressed confidence that the company would comfortably achieve the target. During the 2025-26 fiscal, Kalpataru sales bookings stood at ₹5,280 crore.
